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Download full textKoedel, Cory; Xiang, P. Brett – National Center for Analysis of Longitudinal Data in Education Research (CALDER), 2015
We use data from workers in the largest public-sector occupation in the United States -- teaching -- to examine the effect of pension enhancements on employee retention. Specifically, we study a 1999 enhancement to the benefit formula for public school teachers in St. Louis that resulted in an immediate and dramatic increase in their incentives to…
Descriptors: Government Employees, Public School Teachers, Public Sector, Retirement Benefits
